Savings Goal Calculator
Find how much you must save monthly to reach a target future amount.
Formula
PMT = FV × i ÷ ((1 + i)^n − 1)
- FV — Future value (goal)
- i — Monthly rate (annual ÷ 12)
- n — Months to goal
Example Calculation
Goal ₹10 lakhs in 10 years at 8%
Result: Save ~₹5,168/month
Practical Uses
- Retirement planning
- College fund
- Wealth goals
Savings Goal
Monthly saving needed to reach a target by compound growth.
Monthly saving
24,670
Total invested
888,109
Growth
111,891
FAQs
What if I increase deposits yearly?
This calculator assumes fixed monthly savings.
Disclaimer
Approximate only.